Toll Brothers Inc
TOL: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| lBm | LOCK|$^ | LOCK|pK?p$&Q |
Toll Brothers Earnings: Management Is Prioritizing Profit Margins Over Sales Pace
New orders in Toll Brothers' fiscal second quarter declined 13% year over year, but the average new order selling price rose 2% to $982,800. Adjusted home sales gross margin of 27.5% slipped 70 basis points year over year. The homebuilder only modestly raised sales incentives during the quarter.
